Report: Energy Deficit Costs Residents, Businesses N5.3trn Annually

Energy shortfall in Lagos adds an extra N5.3 trillion annually to the costs of residents and their businesses. This is according to the Lagos Economic Development Update (LEDU) 2025, published by the Lagos State Government. The report stated that while the state requires approximately 9,000 megawatts (MW) of electricity, it received a meagre 1,000 MW...The post Report: Energy Deficit Costs Residents, Businesses N5.3trn Annually appeared first on New Telegraph.
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